OKLAHOMA CITY and MUSTANG, Okla. — Heavenrich & Company has arranged the sale of Emerald Square and Willowood at Mustang, two seniors housing communities located in Oklahoma City and nearby Mustang, respectively.
The two communities have a combined 135 units, including 113 assisted living, 16 memory care and six independent living. Emerald Square was built in 1996 while Willowood at Mustang was built in 1999.
Together the communities had a combined occupancy rate of 79 percent at the time of the sale. Bridge Seniors Housing sold the portfolio to an undisclosed buyer for $12.3 million.
Brian Clark, senior director at Heavenrich & Company’s Denver office, managed the transaction on behalf of the seller.